China Passenger Car Association (CPCA) report - June 2024
Analysis of China's passenger car sales in May and outlook for June
The China Passenger Car Association (CPCA) announced the production and sales volumes of passenger cars (including sedans, SUVs, MPVs but not minivans) for May 2024.
Retail
May retail sales volumes of passenger cars totaled 1.71 million units, reflecting a year-over-year (y/y) decrease of 1.9%.
New Energy Vehicles (NEVs)
In May, wholesale volumes of New Energy passenger cars totaled 897,000 units, up 32.1% y/y.
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